On Tue, Dec 4, 2012 at 11:40 PM, Paul Tanner <firstname.lastname@example.org> wrote:
> On Tue, Dec 4, 2012 at 5:26 PM, kirby urner <email@example.com> wrote: > ... > > So this myth that there's a 1% elite of financially well-to-do that rules > > the world > ... > > There is no such thing as the 1%, or the 99%, but it helps to have a peg > to > > hang your mask on anyway. > > It's a brute mathematical fact that now more than 90% of all newly > created wealth and income goes to the top 1% of the income > distribution, but even just recently it was much less than that - > under Clinton it was down around just 40%. > > That doesn't translate easily into being a ruling elite though. Look at history.
I'm not saying I don't believe in smallish cliques and cabals with power and influence.
A lot of them don't have tons of money though.
It's not like the "1%" are all in collusion, planning the future behind closed doors, while the "99%" are out in the cold, clueless and not contributing.
That's way too simplistic a caricature.
> > We don't buy in to the silly obsolete concepts they still buy "back east" > > where the infrastructure is more decayed and the people think more like > > Euros and Brits (poor slobs). > > > > Silly obsolete concepts? Poor slobs? It's a brute mathematical fact > that the Scandinavian countries are per capita the richest countries > in the world, where, for example, the per capita nominal GDP of Norway > is twice as large as that of the US. And it's a brute fact that > according to the science that actually tries to measure happiness > among countries, Norway is the happiest country in the world. > > So by your reasoning do Scandinavian countries now rule the world?